Steven I. Bandel

Steven I. Bandel became a director in 2006. Mr. Bandel is the Co-Chairman and Chief Executive Officer of the Cisneros Group of Companies, a privately held media, entertainment, telecommunications and consumer products organization, since 2009. Prior to that, Mr. Bandel served as the Executive President and Chief Operating Officer of Cisneros from 2000 to 2009. Prior to 2000, Mr. Bandel served in various other positions within Cisneros, including Chief Financial Officer, President of Multimarket, the Group’s former investment bank, Vice President of Finance for the Communications Division, Director Assistant to the Chairman and Chief Executive Officer, Vice President of Finance for the Information Technology Division and New Business Development Manager. Mr. Bandel currently serves as a director of Claxson Interactive Group, and previously he served as a director of Directv Latin America, LLC from 2003 to 2007 and of America Online Latin America, Inc. from 2000 to 2005. Mr. Bandel holds an M.B.A. from the Institute of Advanced Management Studies in Venezuela and received his B.S. in electronic and electrical engineering from Stevens Institute of Technology.